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According to Chancellor Scholz, the 200 billion euros to curb energy costs will come from the credit-financed Economic Stabilization Fund (WSF). The fund originally served to stabilize the economy as a result of the corona pandemic. According to Federal Finance Minister Christian Lindner (FDP), the WSF crisis fund will only be able to use the 200 billion euros for a specific purpose . The money is not available for further demands from the federal states, says the FDP politician. The aim is to prevent a bursting of the spending dam.

Despite the abolition of the gas surcharge, VAT on the supply of gas is to be reduced as planned from October 1st . "The reduction in VAT (...) will be retained and will also be applied to district heating contracts," said Habeck. From October 1st to March 31st, 2024, the VAT on gas should only be 7 instead of 19 percent. According to Habeck, the funds to finance the reduction are not included in the 200 billion euros mentioned.



'Sapere aude'
by Oui (Oui) on Mon Oct 3rd, 2022 at 02:37:57 PM EST

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